NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY

NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ THƯƠNG MẠI VÀ SẢN XUẤT NAM Á) is a privately held steel trading enterprise operating in northern Vietnam, with activities spanning the wholesale of metals and metal ores and related processing services. Established in 2020, the company has a relatively short operating history but has expanded rapidly in scale, particularly in trading volumes.

NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY is registered as a joint stock company with a charter capital of approximately USD 3.29 million and employs around 25 people. The company is led by Director NGUYEN V. D., who also holds the most significant individual shareholding, alongside two other domestic shareholders. This ownership structure reflects a founder-driven business model with concentrated managerial control.

From a financial standpoint, NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY recorded robust top-line growth. By the end of 2023, total sales surged to approximately USD 89.1 million, more than doubling year-on-year, while total assets expanded sharply to nearly USD 29.9 million. This growth trajectory indicates aggressive market expansion and rising turnover in steel trading.

However, profitability remains extremely thin. Despite the surge in revenue, NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY generated only a marginal net profit of about USD 551 in 2023, highlighting intense margin pressure typical of bulk steel trading. Owner’s equity remained essentially unchanged at around USD 3.2 million, and working capital stood at roughly the same level, suggesting limited internal buffers relative to the scale of operations.

Overall, NAM Á PRODUCTION AND TRADING INVESTMENT JOINT STOCK COMPANY represents a fast-growing but high-risk trading profile, where explosive revenue growth is not yet translating into sustainable profitability. For counterparties, the key considerations lie in cash-flow discipline, margin stability, and the company’s ability to manage risk while operating at a scale far larger than its equity base.